The 26$ usd figure to bring the economics of this project forward, were based on long ago estimates.
The next resource update, will hopefully include things like Gold and Zinc credits into the mix I am hoping, thus bringing the Silver price needed down considerably?
The fundamentals of the Silver market indicate a long term deficit supply already for at least the last few years.!
Increased use in everything from Sola panels to smart phones will see continued pressure on the demand side.!
Not many mines finding bonanza grades of Silver anyplace anymore!
Makes me think we are in for a sustained rise in Silver, well above $26 USD Oz!
David and his team, now have a better understanding of this site, to better aim the drill bit.
ARD Price at posting:
1.9¢ Sentiment: Buy Disclosure: Held
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